Financial Services

Co-founder of Patni Computer System, Gajendra Patni's sons Amit and Arihant, have a new interest. They are flexing their philanthropic muscle with...

The Economic Times reports that The Aavishkaar Social Venture Fund recently sold its stake in Rangsutra, an artisan-owned handicrafts company providing handicrafts...

UK international development agency, DFID, is restructuring its programme with India so that it enters into no new financial aid programmes, with...

Global impact investor, Omidyar Network (ON) has awarded a grant of US$2 million, over the next 3 years, to Dasra- India’s leading...

In its efforts to promote financial inclusion, India’s Central Bank, the Reserve Bank of India (RBI), has promoted the establishment of small...

Indian telecom company Bharti Airtel and Axis Bank have partnered to launch a mobile banking platform that will provide millions of unbanked...

The Business Standard recently reported that Bank in Punjab have now reached all 1,576 villages in the state through an ICT-based ‘business...

A new seed capital provider, Venture Lab, was recently launched in an effort to support financial inclusion start-ups around the world. Backed...

The IFC is investing up to $20 million in Pragati India Fund to facilitate the transfer of growth capital to small and...

Social venture fund Lok Capital and one of its limited partners have recently invested approximately $5 million in IFMR Rural Channels, an...

An Economic Times article recently discussed the state of social venture capital in India over the past year. The article explains how...

The IFC has proposed to take a 20% equity stake in CapAleph Indian Millenium Fund, which plans to raise $150 million for...

Father of microfinance, Muhammad Yunus, has partnered with India's Indian Institute of Management , Ahmedabad (IIM-A) to start a $10 billion seed...

Impact investment fund Lok Capital has recently closed Lok Fund II, a $65 million fund focused on microcredit, mobile payments, remittances, small...

A recent article discusses how the Government of India’s Credit Guarantee Fund Scheme for micro, small, and medium sized enterprises has helped...

Featured on StartupCentral.in Are there any kind of benchmarks around angel investment valuations in India, especially with respect to business plans that...

Unitus Seed Fund launches in India with three seed investments New Unitus Labs Initiative Seeks to Accelerate Development of Innovative Startups Which...

A Business Line article discusses India’s progress in promoting financial inclusion across the country. With a greater number of initiatives aimed at...

Recently, the mobile retail network, Eko, has tied up with the State Bank of India to expand mobile banking services across rural...

A recent Mint article discusses investments made by Indian private equity firm, Aavishkaar, and Indian non-banking finance company, Tata Capital, into Vortex...

Private sector HDFC Bank and mobile operator Vodafone India have recently partnered to provide mobile banking services in India. A pilot project...

The UK Government has partnered with the Small Industries Development Bank of India (SIDBI) by committing £65 million to increase financial inclusion...

Indian company Vortex Engineering has joined the UN-backed Business Call to Action (BCtA), a global initiative that supports the development of inclusive...

As part of the Business Call to Action (BCtA) – a global alliance of businesses, NGOs, governments, and multilateral organizations that encourages...

International telecom company Nokia recently launched Nokia Money across India. With only 10% of India’s 600K villages able to access formal financial...

International Finance Corporation (IFC) is planning on establishing the first mortgage guarantee corporation in India, in partnership with National Housing Bank (NHB),...

In this guest post on ft.com, Rama Bijapurkar argues that despite the attention that the base of the pyramid has attracted over...